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Nov. Trade Balance -C$1.09B vs..........>

CANADA DATA
CANADA DATA: Nov. Trade Balance -C$1.09B vs. Forecast -C$1.25B 
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- Oct. revised trade balance -C$1.61B vs. prior -C$1.08B.
- Nov. exports -1.4% MoM to C$48.7B; -2.7% in volume terms. 
- Imports -2.4% MoM to C$49.8B; -1.3% in volume terms.
- Nov. trade balance with U.S. +C$4.2B vs. -C$5.3B with non-US 
countries.
- Declines in exports coincided with disruption in Canadian rail 
transportation.
- Exports of energy products (-7.4%) drove the overall November 
decrease; due to the disruptions in oil pipeline.
- Imports of aircraft and other transportation equipment (-13.8%) 
contributes the most to November decline. 
- Total exports +1.9% YoY vs. imports -0.3%.

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